I've decided to start a journal to keep track of my transactions both on demo and live accounts. This is to be certain that I follow my approaches. As it is in the public view I aspire to think twice before entering a transaction.
that I live in the United Kingdom and work full time. Hence, my trading will probably be sporadic. I've been Currency Market trading for only less than a year.
Just before leaving work had abandoned a sell order for GBP/JPY at 239.86 using sl 240.45 tp at 239.00.
Tp was attained just now.
On demo account had a 25 pip trailing stop which was triggered for 1 pip. Fortunately the dwell one obtained 86.
Closed cable since it over bought (RSI 77) at 5min chart at 2.0376 as I pushed my TP upto 2.0395 out of 370. Small short for scalping. Closed the short for 1 pip as it not moving down.
There was a time limitation on the GBP/JPY order (to do before 10 am GMT). The order did not get implemented.
GBP/JPY has hit 50% retracement of today's move. Will wait and see what unfolds.